CRA

University/small business must share income with inventors

Feds get a non-exclusive, irrevocable, worldwide license

University must use income to support scientific research or education

• Depreciation
• Operation and maintenance
• General administration
• Library
• Sponsored Project administration

Admin cap = 26%

• Consistency (estimating, accumulating, & reporting)
• Consistency in allocating
• Consistency in cost accounting periods
• Consistency in accounting for unallowable costs

• Direct costs less:
• space rental
• equipment
• subawards >$25,000
• tuition
• patient care
• alterations/renovations

• At least:
• 1 vet
• 1 practicing scientist with animal research
• 1 public member
• 1 non-scientist
• 5 members
• Must meet every 6 months
• Semiannual inspections of facilities/review programs

Respect (privacy, informed consent)

Beneficence (risks vs. benefits)

Justice (equitable selection)